The Real Deal New York

Corcoran bites at children’s relaxation books

August 24, 2009 10:39PM

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On this past weekend’s episode of “Shark Tank,” the ABC reality show featuring Corcoran Group founder Barbara Corcoran, Corcoran made an offer on a product called Stress Free Kids, a line of books incorporating relaxation techniques designed to help kids manage stress and fall asleep more easily. Corcoran offered $250,000 to product creator Lori Lite in exchange for 50 percent equity in Lite’s company. When (spoiler ahead) Lite’s attempts to negotiate with Corcoran failed, she accepted Corcoran’s offer. The series airs on Sundays.

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